Michael F. Cole
University of Waterloo/Employment Relations Manager
2025 Salary
$140,719Total compensation $141,014, including $294 in taxable benefits.
Source: Ontario’s Public Sector Salary Disclosure — names paid $100,000 or more that year. How we build this · Report an error on this page
At a Glance
2025
Employer Rank
#1,366University of Waterloo
Years on List
72019–2025
Peak Salary
$140,7192025
Full 2025 roster at University of Waterloo →·See where $140,719 ranks →
Total Compensation History
Full History
2019–2025
$105,849 in 2019 is worth about $127,798 in 2025 dollars.
| Year | Position | Salary |
|---|---|---|
| 2025 | Employment Relations ManagerUniversity Of Waterloo | $140,719Benefits $294Total $141,014 |
| 2024 | Regional Manager, Central EastUniversity Of Waterloo | $137,410Benefits $254Total $137,664 |
| 2023 | Regional Manager, Central EastUniversity Of Waterloo | $131,184Benefits $226Total $131,410 |
| 2022 | Regional Manager, Central EastUniversity Of Waterloo | $122,177Benefits $182Total $122,358 |
| 2021 | Regional Manager, Central EastUniversity Of Waterloo | $117,428Benefits $136Total $117,564 |
| 2020 | Regional Manager, Central EastUniversity Of Waterloo | $112,073Benefits $128Total $112,201 |
| 2019 | Regional Manager, Central EastUniversity Of Waterloo | $105,849Benefits $128Total $105,977 |
Take-Home Pay
(After Tax) · 2025 estimate
Of the $140,719 Michael F. Cole earned in 2025, roughly $98,617 would remain after income tax, CPP and EI, an all-in deduction rate of about 29.9%. It is up about 2% on the $137,410 paid in 2024. Michael F. Cole has appeared on the list 7 times since 2019. Members of OMERS, OTPP, HOOPP or OPTrust typically take home another 7–10% less after pension contributions, which this estimate leaves out.
- Estimated net pay
- ~$98,617
- Effective income-tax rate (excl. CPP/EI)
- ~26.0%
- CPP + EI contributions
- ~$5,507
- All-in deduction rate (incl. CPP/EI)
- ~29.9%
Where does $140,719 rank on the Sunshine List? →
Estimate only: 2025 federal and Ontario rates, basic personal amounts, Canada employment amount and CPP/EI credits; single, employment income only, salary treated as full-year income. Ignores pension contributions (OMERS, HOOPP, OTPP, OPTrust and similar plans lower actual take-home), union dues, RRSPs and benefits.